May 23 – US-based fund Oaktree Capital Management has formally issued a statement that it has taken ownership of the Serie A champions Internazionale after Suning Holdings Group, led by Steven Zhang, defaulted on a €395 million loan taken out three years ago.
May 21 – Serie A champions Inter Milan could have a forced changed of ownership at the end of today if the club fails to repay a €270 million loan, plus interest, that was granted in 2021.
May 20 – In a damning indictment of Pacific Media Group’s (PMG) football club ownership model, Belgium’s KV Oostende is facing bankruptcy after the club failed to find a new owner.
May 15 – Bulgaria’s CSKA Sofia has taken another important step in the construction of the club’s new stadium with the start of the dismantling of the Bulgarian Army Stadium.
May 14 – Botafogo has borrowed R$333 million to American owner John Textor, but that the club does not face any potentially dangerous liability for the money as it is guaranteed by Textor.
May 9 – Everton majority owner Farhad Moshiri has held emergency meetings with prospective buyer 777 Partners to determine whether their agreed £500 million+ takeover will go-ahead, according to media reports.
May 9 – Bursaspor, one Turkey’s biggest clubs, but currently languishing at the bottom of the Super Liga’s third tier and set to be relegated to the fourth, has announced debts of TL1.5 billion (€43.3 million).
May 8 – Gibraltar-based Manchester 62 FC has announced an angel investment of $20 million which will allow the club to continue to be at the forefront of research into concussion and chronic traumatic encephalopathy (CTE) in high-contact sports.
May 7 – The prospective takeover of ailing English Premier League club Everton by 777 Partners has been plunged into further doubt after one of its lenders accused the Miami-based investment firm of fraud running into hundreds of millions of dollars.
May 7 – Botafogo has borrowed R$333 million ($65.6 million) from American owner John Textor, but not all the cash has remained in the club.
May 3 – Dutch Eredivisie outfit Vitesse has started a crowdfunding campaign in a bid to retain the club’s professional status.
May 2 – Turkish media tycoon Acun Ilicali, owner of Hull City in the English Championship, has said he plans Slovenia’s NK Maribor, following a series of meetings in Slovenia last week.
May 1 – Everton’s protracted takeover by 777 Partners has been thrown further into doubt by the club calling in a leading firm of restructuring and insolvency advisers.
May 1 – Hollywood stars and Wrexham AFC owners Ryan Reynolds and Rob McElhenney have bought a minority stake in the Liga MX side Club Necaxa, as the duo add a second club to their football portfolio.
May 1 – Santos, who were relegated to Brazil’s Serie B last season, have reported rising debt of more than 4%, from R$578 million ($111 million) in 2022, to more than R$600 million in 2023.